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FRA40 seems to be on its way to support – a possible opportunity?

The price of FRA40 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

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USD/JPY is currently testing a level of 151.6830. Will the breakout continue or will things reverse?

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Soybean Meal May 2024 is approaching 338.7000. We expect either a breakout through this line, or a rebound.

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